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Base Works

Conneaut, OH · Charter 9234

Q3 2007

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2007, the quarter ended September 30, 2007, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Base Works

Conneaut, OH · Charter 9234

Q3 2007

$666KAssets
$399KLoans
$454KShares
$154KNet Worth

Executive Summary

  • Earnings: ROA of -10.55%, down 1,159 bps year over year; NIM at -7.08%.
  • Asset quality: problem loans at 0.14% of loans (+14 bps YoY).
  • Capital: net worth / assets of 23.09%, down 425 bps from a year ago.
  • Funding: loans stand at 88.02% of shares as of Q3 2007.

Return on Assets (YTD, annualized)

-10.55%-1,159 bps YoY

Net Interest Margin (YTD, annualized)

-7.08%-1,112 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

23.09%-425 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2005Q1 2006Q2 2006Q3 2006Q4 2006Q1 2007Q2 2007Q3 2007YoY ΔTrend
Earnings
Return on Assets0.39%0.76%0.92%1.04%1.11%0.21%0.14%-10.55%-1,159 bps
Return on Equity1.52%2.90%3.44%3.79%3.56%0.65%0.42%-45.71%-4,950 bps
Net Interest Margin3.18%3.79%3.86%4.04%4.48%4.10%3.88%-7.08%-1,112 bps
Efficiency Ratio87.89%80.06%76.42%74.57%75.57%95.01%96.55%n/an/a
Growth
Asset Growth (YoY)-4.42%-3.10%-6.14%-6.12%-13.06%-14.46%-14.83%-11.15%-503 bps
Loan Growth (YoY)5.67%9.52%-3.13%-4.10%-7.09%-15.76%-8.64%-14.73%-1,063 bps
Share Growth (YoY)-6.35%-4.93%-9.01%-9.23%-18.95%-20.72%-21.23%-16.02%-679 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%0.00%0.04%0.00%0.00%0.14%+14 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.57%0.59%0.61%0.59%0.62%0.70%0.66%0.69%+10 bps
Capital
Risk-Based Capital26.02%26.22%26.81%27.34%31.04%31.60%32.14%23.09%-425 bps
Net Worth / Assets26.02%26.22%26.81%27.34%31.04%31.60%32.14%23.09%-425 bps
Liquidity & Funding
Loans / Shares85.33%83.49%82.42%86.68%97.82%88.71%95.60%88.02%+133 bps
Liquid Assets / Assets35.87%36.95%0.00%0.00%0.00%0.00%0.00%0.00%0 bps